5.5% Gross rental yield5.5% Gross rental yieldHorizon Grove in Adeje, Santa Cruz de Tenerife. 4-bed villas, 248 m², 5.5% gross yield. New-build property by the sea in Spain — €1,162,000.
This new-build is in Adeje, Santa Cruz de Tenerife (Canary Islands). The nearest airport is TFS, convenient for lettings and personal visits. Strong local infrastructure, beaches and tourist demand support steady occupancy.
Buying in Adeje is southern Tenerife, the island’s resort capital: Costa Adeje with five-star hotels, beaches and eternal summer at +22 °C year-round. Among 4 new-builds you will find townhouses, apartments and villas in gated resorts.
Black and imported golden-sand beaches, upscale hotels and restaurants, the Siam Park water park, the Plaza del Duque mall and proximity to Tenerife South airport (~20 minutes) make the zone thoroughly turnkey.
New-build in Adeje →Estimated gross rental yield is 5.5%. The figure is based on real market parameters and refined per deal.
Worked through on this property’s real numbers: price €1,162,000, estimated gross yield 5.5%.
Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.
Pre-filled with a €1,162,000 price and a 35% deposit. Adjust the inputs to your situation.
Loan €755,300 with a €406,700 deposit.
Indicative. Excludes bank arrangement fees, valuation and mandatory insurance. Confirm terms with the bank.
On top of the price, budget 10–14% for taxes and fees: VAT or transfer tax, notary, registry, lawyer. For €1,162,000 that is roughly €116,200–€162,680.
Get an exact figure in the costs calculator →
Off-plan · 2026 Q44.8% yield
Key-ready · Completed5.6% yieldOff-plan · 2027 Q25.1% yieldUnder construction · 2026 Q36.2% yieldUnder construction · 2026 Q35.5% yieldUnder construction · 2026 Q35.5% yieldUnder construction · 2026 Q25.6% yieldOff-plan · 2027 Q25.6% yield